#CV24253473, Frederick Alanis, Listing Office: KELLER WILLIAMS REALTY
$10,000
closing credit¹
3359 Sierra St Los Angeles, CA 90031
Property details
About 3359 Sierra St
Prime Investment Opportunity – 3359 & 3357 Sierra St, Los Angeles, CA 90031 Two APNs – Mixed-Use Building & Adjoining Lot for Development Total Building Size: 3,676 sq. ft. (Buyer to verify actual square footage) Combined Lot Size: 50,150 sq. ft. (Buyer to verify actual square footage) 3359 Sierra St: This mixed-use property is zoned LAR1 and offers an vacant ground-floor commercial space currently used as a warehouse, covering 1,254 sq. ft. The upper level consists of three rental units with excellent income potential. Two of the units feature 2 bedrooms and 1 bathroom each, while the third unit includes 3 bedrooms and 1 bathroom. 3357 Sierra St: The adjacent lot is a spacious 17,144 sq. ft., ideal for expansion, landscaping, or future development, subject to zoning regulations. This package deal is perfect for investors looking for both immediate rental income and long-term development opportunities. The mixed-use building needs some TLC but could easily be transformed into a thriving live-work space, storefront, or café. The adjoining lot offers ample room for creative development or enhancements. Total Package: Both properties must be sold together, providing a unique opportunity to maximize your investment. Whether you're seeking rental income, a redevelopment project, or a combination of both, this is your chance to acquire two APNs (5207-030-023 & 5207-030-016) in a prime Los Angeles location. Don't miss out on unlocking the full potential of this investment in one of LA's most vibrant neighborhoods!
Highlights
Summary
- MLS Number: GD24185164
- MLS Name: CRMLS
- Office Name: Las Casas Realty, Inc.
- Office Phone: (626) 592-5341
- Listing Agent: David De Anda
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 2/2/2025, 3:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$988,000
3359 Sierra St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $820,232 | $10,948 |
2023 | $804,150 | $10,752 |
2022 | $788,383 | $10,289 |
2021 | $772,925 | $10,166 |
2020 | $329,688 | $4,681 |
2019 | $323,225 | $4,609 |
2018 | $316,888 | $4,368 |
2017 | $310,675 | $4,368 |
History based on county public records data.
Nearby schools
6
Latona Elementary School
Public District PK-6
0.5 mi
•4312 Berenice Ave
5
Huntington Drive Elementary
Public District KG-6
0.6 mi
•4435 N Hntngtn Dr
5
Hillside Elementary
Public District KG-5
0.7 mi
•120 E Avenue 35
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $60,625. Typical income of Los Angeles, CA residents is less than $<35k annually. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 3359 Sierra St
This home is located at 3359 Sierra St in Los Angeles, CA and zip code 90031 in the Northeast LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 6, 2024 and is currently priced at $988,000.
In January 2025 more than 294 listings in Los Angeles, CA were sold above the asking price. During the same period more than 161 listings were sold at asking price, while more than 545 were sold below. Between December and January 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 20.1%. In January 2025 median list price was $1,035,435 and the average listing age was 45 days.